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Question Help The manager the main laboratory facility at CenterHealth Center is interested in being able to predict the overhead costs each month for the

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Question Help The manager the main laboratory facility at CenterHealth Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varios with the number of lab tests performed but tha some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year, (Click the icon to view the data) Use the high-low method to determine the laboratory's cost equation for total laboratory overhead. Use your results to predict total laboratory overhead if 3,000 lab tests are performed next month. Let's begin by determining the formula that is used to calculate the variable cost (slope). Data Table = Variable cost (slope) Month Number of Lab Tests Performed 3,100 Total Laboratory Overhead Costs 522 800 Now determine the formula that is used to calculate the fixed cost component Fixed cost Use the high-low method to determine Center Health's operating cost equation, (Round the variable cost to the nearest cont.) YE X+ January ... 2750 February ..., March ...... $21,700 $23,900 3,350 April... 3.750 Use the operating cost equation you determined above to predict total laboratory overhead if 3,000 lab tests are performed next month. May 4,000 $28,100 $27.500 $ 19,500 527, 100 2,000 The total laboratory overhead nt a volume of 3,000 lab tests is June... 3,900 July Print Done Choose from any list or enter any number in the input fields and then continue to the next question , Ales MacBook Air 11 000 24 30, F delete & 7 # 3 $ 4 % la 5 8 9 0 6 2 P

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